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MF, then what?
jojo90_2
Posts: 208 Forumite
So I reckon it's possible to clear down what I have remaining in 2-3 years time (assuming I can stop impulse buying
) Realistically I have everything a guy could want but 2-3 years feels like a long time.
Anyhow I'll be 33 then and my 2 bed flat will be worth about £160,000.
What I'm wondering is 'what next'? £160,000 isn't really enough for a decent house in a good area so is it back to square 1 again with all that cash dribbling out my account each month into a new debt? OK sure I'm not dumb and would probably keep the 2 bed place rented @ £650ish p.c.m... but still!
Anyhow I'll be 33 then and my 2 bed flat will be worth about £160,000.
What I'm wondering is 'what next'? £160,000 isn't really enough for a decent house in a good area so is it back to square 1 again with all that cash dribbling out my account each month into a new debt? OK sure I'm not dumb and would probably keep the 2 bed place rented @ £650ish p.c.m... but still!
0
Comments
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Remortgage the flat and use the money as a deposit on your new house.0
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